Vision marine technologies, inc. announces pricing of public offering

MontrÉal, quebec / access newswire / august 15, 2025 / vision marine technologies inc. (the "company", "vision marine", "we", "us", "our") (nasdaq:vmar), a leader in high-voltage electric marine propulsion systems with a multi-brand boat retail and service platform, today announced the pricing of its public offering of 3,500,000 shares of common stock (or pre-funded warrants ("pre-funded warrants") in lieu thereof) at a price to the public of $2.00 per share (inclusive of the pre-funded warrant exercise price), for gross proceeds of $7,000,000, before deducting underwriting discounts and offering expenses. in addition, the company has granted the underwriters a 45-day option to purchase up to an additional 525,000 shares and/or pre-funded warrants to cover over-allotments at the public offering price, less the underwriting discount.
VMAR Ratings Summary
VMAR Quant Ranking